Most Popular Channels
No channels found.
Most Recent Stories
There are currently no recent stories to display.
VANCOUVER, April 8 – Sego Resources reports that the 3200 metre excavator trenching program on its Miner Mountain Project has been in progress for three weeks. The trenching and reclamation is being managed by the Upper Similkameen Indian Band and its highly qualified personnel. Mapping and sampling is being conducted by Sean Daly, P.Geo. and Curt Kauss and consulting is being provided by Vic Preto, Ph.D., P.Eng. The program involves the deepening of numerous old bulldozer trenches, mapping and sampling. The trenching to date, currently in what has been known as the Granby Zone, has reached well mineralized bedrock, most of which was not reached by bulldozer trenching. The company has results for the first 100 1-metre chip samples which have been analyzed at Acme Analytical Laboratories Ltd. for 40 elements by the ICP method. A number of the samples run (greater than) 10,000 ppm copper and (greater than) 2 ppm gold which is the upper limit of accuracy for ICP. For this reason Sego Resources Inc. has instructed Acme Analytical Laboratories Ltd. to re-assay all of the Copper highs for total copper, and the Gold and Silver highs by fire assay for gold and silver. This will ensure proper accuracy for the release of news. The Miner Mountain Project is a Porphyry Copper Gold Project near Princeton, BC in the Traditional Territory of the Upper Similkameen Indian Band. Sego has an MOU with the Upper Similkameen Band. The Miner Mountain property is 2400 hectares in size. Sego Resources has funding in place for a one million dollar exploration program in 2008. (Note News Release dated January 2, 2008)
This news release has been reviewed and approved by Vic Preto, Ph.D, P.Eng., an independent qualified person as defined by NI43-101.
J. Paul Stevenson, CEO
Sego Resources Inc.
“No regulatory authority has approved or disapproved the information contained in this news release. This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statement of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.”
For further information: SEGO RESOURCES INC., Suite 211-744 West Hastings Street, Vancouver, BC, V6C 1A5, Tel: (604) 682-2933, Toll Free: 1-866-683-2933, Fax: (604) 683-3911, www.segoresources.com
This article comes from NationTalk:
The permalink for this story is:
Comments are closed.